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World Bank Supports Croatia's Firms Hit by COVID-19 Pandemic

Tamara Perko, President of the Management Board of the Croatian Bank for Reconstruction and Development (HBOR) and Elisabetta Capannelli, World Bank. ....

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World Bank approves 200 mln euro loan to Croatia's HBOR

World Bank approves 200 mln euro loan to Croatia s HBOR
Source: minsvyaz.ru
ZAGREB (Croatia), May 17 (SeeNews) - The World Bank said it has approved a 200 million euro ($242.7 million) loan to the Croatian Bank for Reconstruction and Development (HBOR) for a project aimed at supporting firms hit by the Covid-19 pandemic and last year s earthquakes.
The loan will provide liquidity and financial restructuring to affected firms through the HEAL Croatia Project (Helping Enterprises Access Liquidity in Croatia), the World Bank said in a statement on Friday.
The project foresees backing small, medium and mid-cap enterprises which are focused on export, are based in less developed regions, are women-owned or managed or have been established in the last five years. ....

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